assumable in a sentence

Examples

1. Although no relationship was mentioned at the time, it is assumable that O'Hara and Richards may be doubles of Colin under different names.
2. A $ 100, 000 assumable mortgage loan with a 4.00 % rate has a corresponding monthly loan payment of $ 477.42.
3. That bill, SB 319, carried by Sen . John Burton, D-San Francisco, creates " assumable " title insurance policies.
4. "The down payment could be larger under an assumable mortgage, " said Donna McAda, manager of mortgage outreach at Texas Commerce Bank.
5. Similarly, the mortgage assumption value shrinks as market rates fall and hits zero if the market rate is less than or equal the rate on the assumable mortgage.
6. Assumable mortgages would allow a second party to assume the position of borrower and essentially adopt the agreement that is already in place between the buyer and the financial institution.
7. Invariably the company has an exit strategy in mind for the property that includes refinancing in two years via buyer-assumable, low-interest Wall Street conduit loans.
8. The rejection of liberalism's human rights lies in the belief that the only thing non-assumable about humanity is that individuals act out of self-interest.
9. Value is created and grows whenever the prevailing interest rate for a new mortgage loan is greater than and increasing when compared to the interest rate of the assumable mortgage.
10. The Realtors have represented this assumable title policy as being something that will save consumers money, and we think it will do just the opposite, " he said.